HICX Solutions

JUNE 24, 2022

Prominent members of the procurement community discuss why we should care about the supplier’s experience, at last week’s World Procurement Congress. As the name suggests, SXM is about managing the experience that suppliers have in working with buying organizations. It’s simply confusing as a supplier.

Procurement 52

Procurement Eliminating Excel in Purchasing Purchasing Skills Price Reduction 52

Supply Chain Game Changer

JANUARY 21, 2021

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. Is Procurement drowning in data?

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

SCMDOJO

JUNE 21, 2023

allowing them to shift their focus towards core activities like market share and product management. Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Precoro

JUNE 6, 2022

Suppliers are placed at the supply chain's beginning and provide goods or services to the companies for further processing. Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. Tips for Building Quality Relationships with Vendors and Suppliers.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Proxima

JULY 27, 2023

Whilst others will focus on whether the size and shape of the Armed Forces are right, here, we will focus on UK defence procurement and some of the necessary shifts in commercial and procurement strategies. Resilience can be applied to defence procurement and supply chain, but this requires a unique and holistic approach.

Analysis 52

Analysis Ukraine Agile and Lean Supply Chain Optimal Sourcing 52

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. The difference between failure and success. So we get this cycle of data, information, knowledge and wisdom.”.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

Supply Chain Game Changer

JUNE 10, 2020

Going out to eat, in essence, starts with a mini ‘supplier’ evaluation; gathering information, processing information, evaluating your options, and making a (team) buying-decision based upon the data at hand (other diner’s opinions, reviewed performance, accolades, etc.) Why it’s important to rate suppliers.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 56

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. How Should MRO be Managed? Subscribe Here!

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Unleashed

JANUARY 25, 2021

The purpose of a purchase order. Purchase orders are a crucial part of your purchasing processes. Purchase orders (PO) document the purchasing part of your inventory management system and are legally binding documents. How do you create a purchase order template?

Procurement Solutions 90

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing Negotiate Pricing 90

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. The difference between failure and success. So we get this cycle of data, information, knowledge and wisdom.”.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

SCMDOJO

FEBRUARY 29, 2024

Standalone metrics of metrics borrowed from other companies have a low chance of success because : They are not part of an overall supply management program. They do not relate to any overall company procurement goals and objectives. Others will have a purchasing or supplier management board at the senior management level.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Unleashed

AUGUST 29, 2023

Here’s a typical dashboard demonstrating how inventory management software works in real life. How inventory management software works: Acquire inventory management software: A third-party software vendor is procured based on your business’s inventory management requirements.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

EC Sourcing Group

JULY 7, 2020

What Is eSourcing in Supply Chain Management? If you work in procurement or the purchasing department, you’re already aware of how it works. If you’re wondering, “ What is eSourcing in supply chain management? ” When you ask, ” What is eSourcing in supply chain management ? pre-purchase questionnaire.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Supply Chain Software Procurement Analytics 52

Resilinc

MARCH 22, 2023

Not only does it affect supply, procurement, and purchasing, but it also impacts sales, marketing, and human resources. Once you move from a reactive workflow to a proactive workflow, you can take your data and fuel your proactive supply chain planning, supply chain design, network design, supplier selection, and supplier management.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Purchasing Skills Network Design Software 62

HICX Solutions

MAY 13, 2020

“No one ever got fired for buying IBM,” so the saying goes, meaning it’s generally safer to go with a household name when you’re in the market for new technology. And given the speed of technological development, is buying a procurement suite really the ‘safe’ option today?

Supply Chain Software 52

Supply Chain Software Eliminating Excel in Purchasing Procurement Sourcing Strategies 52

Supply Chain View from the Field

JANUARY 14, 2015

Companies such as Honeywell, Caterpillar, Procter and Gamble, GlaxoSmithKline, and others have made decisions to implement ERP systems across their end-to-end supply chains, from customer order management to supplier collaboration. procurement activities. procurement activities. And how do these benefits accrue?

Manufacturing Procurement 60

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Analytics 60

Supply Chain Movement

AUGUST 14, 2014

In this edition: Marion Kohlmeier, Head of supply chain planning and project purchasing at Weidmann Plastics Technology. Weidmann Plastics Technology is part of the Techniplas Group and I am responsible for three teams: Logistics planning; pre-series scheduling; and project purchasing. The third team is project purchasing.

Negotiating Skills 87

Negotiating Skills Negotiate Pricing Purchasing Skills Supply Chain Planning Software 87

Supply Chain Game Changer

AUGUST 15, 2019

It’s vital, then, to use a consistent Supplier Management system to vet excellent suppliers and secure the ones that will help your brand to stay strong. When your Supplier Management process is standardized, you can quickly run it again and again, vetting more suppliers more quickly.

Negotiate Pricing 58

Negotiate Pricing Purchasing Skills Negotiating Skills Price Reduction 58

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Developed a process of excellence in supply chain collaboration. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success. Procurement costs. Inadequate inventory management. Inventory and storage costs.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Precoro

AUGUST 2, 2021

Unsung heroes like the ISO-accredited TESTEX certification institute ensure that the textiles and leather products we buy meet strict international safety regulations and quality standards (such as OEKO-TEX®, UV STANDARD 801, and more). TESTEX Digital Transformation: First Steps in Procurement.

Procurement Solutions 92

Procurement Solutions Optimal Sourcing Manufacturing Procurement Eliminating Excel in Purchasing 92

HICX Solutions

MARCH 17, 2020

The continued growth in the adoption of procurement-to-pay (P2P) or source-to-settle (S2S) suites in the last few years is testament to the significant value they deliver to procurement teams in businesses of all sizes. This has significant implications for who can add or modify what data relating to the supplier.

Procurement Solutions 40

Procurement Solutions Supplier Management Vendor Strategies Procurement Analytics 40

ThroughPut

FEBRUARY 23, 2024

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. AI for supplier relationship assessment. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Movement

DECEMBER 17, 2014

Supply Chain Management & Optimization Conference. eWorld Purchasing & Supply. 9th Edition Global Procurement and Supply Chain Management for the Oil and Gas Industry. Supplier Management Excellence. WB Research. 18 February. Vector Event. Multimodal Europe. Eurologistics. Revolution.

Gartner 107

Gartner Supply Chain Strategy Supply Chain Planning Supply Chain Optimization 107

Proxima

MAY 31, 2019

At Proxima, we’ve therefore been trying to envision what the future of procurement could look like and how Commercial teams can influence their organisations to drive ever more value out of their supply chains. Suppliers don’t get complacent due to fixed term contracts.”. Is the public sector being left behind?

Negotiating Skills 40

Negotiating Skills Buyer Training Supply Chain Planning Software Optimal Sourcing 40

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Jaggaer

SEPTEMBER 11, 2020

Now, as companies start to seek, and create competitive advantages, the procurement function is in the spotlight. Typically, resistant to change and reliant on manual methods, procurement departments tend to be slow when adapt ing to technological developments. Priming Procurement for Intelligent Digital Transformation .

Procurement 86

Procurement Sourcing Strategies Supply Chain Network Software Supply Chain Design Software 86

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Competitive advantage: When it comes to making a purchase , customers usually have several options to choose from.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Proxima

FEBRUARY 6, 2020

This is important because today’s consumers care, as they quickly leap from brand to brand, they’re buying the change they wish to see in the world. Avoid greenwashing campaigns Although consumers want to buy better, often their only source of information are the claims from the company. And so what for retail procurement?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Retail Optimal Sourcing Supply Chain Design Software 52

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

EcoVadis

JUNE 13, 2019

Now in our sixth year supporting the SPLC, it did not disappoint: This was the strongest and the most diverse gathering of committed and capable practitioners we’ve ever seen in North America — it felt like a real groundswell of action on sustainable purchasing! Strong Focus on Supplier Practices, and Private Sector.

Procurement Solutions 40

Procurement Solutions Eliminating Excel in Purchasing Material Savings Purchasing Skills 40

Claritum

JULY 31, 2018

Claritum Article - Procurement Blog. This article focuses on effective supplier management. The five pillars of effective supplier management covered in this article are: Supplier Information Management. Supplier Lifecycle Management. Introduction. Under Review. Evaluation.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42

Precoro

APRIL 24, 2023

And to do so, an excellent supplier onboarding process is needed. This article will explore the advantages of having an established system for supplier onboarding, and in it, we offer practical guidance for a successful onboarding experience.

Supply Chain Design Software 52

Supply Chain Design Software Procurement Solutions Supply Chain Network Software Demand Planning Software 52

Logistics Bureau

OCTOBER 2, 2016

That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success. The same applies to certain products in your range , some of which will inevitably incur more costs than others in the process of manufacturing or buying, storage, and delivery to customers. Procurement costs.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Material Savings Supply Chain Design Software 40

SCMDOJO

NOVEMBER 2, 2023

Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supply chain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59